The Ghana Statistical Service (GSS) has reported that the country’s Producer Price Inflation (PPI) decreased from 27.6 percent in February to 24.4 percent in March on an annual basis.
Producer price inflation was 0.6% month over month from February 2025 to March 2025, down from 1.5% in February 2025.
Industry drove the March PPI, according to data from the GSS.
The industry’s producer price inflation rate dropped from 42.9% in February to 36.3% in March 2025.
In March, the industry PPI was 0.7% on a monthly basis.
According to the data, the PPI rate for the construction industry decreased from 15.8% in February 2025 to 15.4% in March 2025, and it was 0.1% month over month.
In March 2025, the services sector’s PPI rate was 7.2%, up from 7.8% in February 2025. The PPI for services was 0.2% month over month.
According to the GSS, the PPI rates for manufacturing, water supply, sewage, and waste management were 22.8%; mining and quarrying was 35.4%; and electricity and gas was 5.1%.
The statistics showed that under construction, PPI rates for specialized construction activities were 17.9% higher than the national average of 15.4%; for civil engineering, they were 15.7% higher, and for building construction, they were 14.3% lower.
The sub-sectors of the services, including programming and broadcasting activities (26.3%), lodging (23.1%), air transportation (22.1%), and land transportation (21.7%), all had inflation rates higher than the 7.2 percent national average.
Nonetheless, PPI rates were lower than the national average of 7.2 percent for the subsectors under services, including publishing activities (6.1 percent), computer programming, consulting, and related activities (2.2 percent), information and service activities (1.2 percent), motion picture, video, and television production (0.7 percent), and communication (0.0 percent).
Source: newsthemegh.com